This is what i do. Count how many winners you've achieved; W Count how many loser you've achieved; L Calculate your Risk Reward and adjust for transaction costs (ie spread, commision); R Equation; L/(W*R) This will let you know how much you should ...

C-12's Supply, Demand and PA thread

image Another no trade day! Woke up at 10:40a. It was a good sleep.

GLJ

image No trades today. A mix between busy at work and a choppy day.

GLJ

What was the trigger for your entry? Edit: nevermind. I thought you said you entered at 1.3109 while you really entered at 1.31009

The 5 minute TF S&R trading system

image No trades today. There was one possible sell but to sell there would be selling against higher highs and lows.

GLJ

No trades for me today, as it's getting late in the session i'm closing up shop.

The 5 minute TF S&R trading system

I see the difference here. You won't trade the consolidation where as i will. While your experience has lead you to trade clear trends, my experience leads me to trade both clear trends and consolidations. I will show you the other reason i would ...

The 5 minute TF S&R trading system

What do you consider a trend? The way i see it is price was making higher lows then broke the recent high to make a higher high, up trend enough to trade the pullback. Also, price is trending upwards on the higher tf's (although it does look like ...

The 5 minute TF S&R trading system

So far, the trade of the day is the 7am est buy at around 316-318

The 5 minute TF S&R trading system

This is the way to go. I remember when i first learned of trading someone was telling me to take profits early and then setting the rest to BE. It's sort of like setting a goal for a minimum return and calling that your paycheck while the rest will ...

B.S. Trading with Kenneth Lee

image No trades taken today. Busy day at work.

GLJ

T.H.P and Kellypero, good trades. Goldfish3, 2 things stick out with that trade. 1st is that you win some and you lose some. It did look like a good place to short. 2nd is price was atleast 15 pips away from the recent low allowing you to tp on a ...

The 5 minute TF S&R trading system

you can just back test the last year or 2. If you come across any questionable situations then post a chart. I'm sure you'll get an answer.

The 5 minute TF S&R trading system

Now lets see if it will bounce lol

Chicky's Trading Method Viewer

10/15/2012 Trades — image image

GLJ

Both plus time of day, also if you look at 1.2930 there's an s&d level there that may or may not provide enough resistance for a sell at 40 not to hit a tp and may actually slowly push price back up to around 50. But the most important factor for me ...

The 5 minute TF S&R trading system

No more trades for me today. Closing time

The 5 minute TF S&R trading system

40 is a bit to ambitious for my blood.

The 5 minute TF S&R trading system

I was considering selling at 48 but i stayed out because i wasnted to see price close below the 45-42 area.

The 5 minute TF S&R trading system

Better a live chicken than a dead chicken.

The 5 minute TF S&R trading system